Top 10 countries for future investments in sub-Saharan Africa

Boasting abundant natural resources, a burgeoning consumer base, and a youthful workforce, numerous countries have positioned themselves as attractive destinations for those seeking to participate in the region’s economic growth story.

According to a recent report from KPMG, “Doing Deals in Sub-Saharan Africa,” it is South Africa that has been stealing the show when it comes to mergers and acquisitions.

South Africa is on top of the game, making up five out of the top ten mega deals in the region. Two of the deals were from Nigeria, while Tanzania, Cameroon and Angola had one place each in the top ten.

KPMG’s report revealed that when it comes to future investments, 50% of investor’s are looking towards South Africa, and about 30% are saying, “Let’s do some business in Nigeria.” While 15% percent are looking towards Tanzania.

Rank Country Percentage

1 South Africa 50%

2 Nigeria 30%

3 Tanzania 15%

4 Ghana 14%

5 Kenya 14%

6 Mauritius 14%

7 Zambia 11%

8 Uganda 10%

9 Mozambique 6%

10 Zimbabwe 6%

Here are the top 10 African countries to watch for future investments in Sub-Saharan Africa:

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